Positive Net Worth. On the Closing Date the fair market value of the assets of the Company will equal or exceed the sum of the liabilities of the Company plus the amount of any other liabilities to which the assets of the Company are subject.
Positive Net Worth. On the date hereof the book value of the assets of the Company equals or exceeds, and on the Closing Date will equal or exceed, the sum of the liabilities of the Company .
Positive Net Worth. As of January 1, 2010, the financial statements of the Borrower and its consolidated Subsidiaries (calculated for the purposes of this Section 5.13 by deconsolidating the Entrada Entities from Borrower and its consolidated Subsidiaries as of such date, regardless of whether or not GAAP would require or permit such deconsolidation or that such financial statements otherwise do not comply with Section 1.03), shall reflect a positive net worth (greater than zero (-$0.00-).
Positive Net Worth. So long as this Agreement is in effect, maintain a positive net worth, calculated in accordance with generally accepted accounting principles and as shown on its annual and quarterly financial statements included in its annual and quarterly reports filed with the U. S. Securities and Exchange Commission.
Positive Net Worth. Each Credit Party shall maintain at all times a positive net worth of at least one dollar.
Positive Net Worth. The Sellers shall receive a credit for the amount, if any, by which the net worth of Partnership reflected on the Closing Balance Sheet exceeds zero.
Positive Net Worth. The Sellers and Brisxxx xxxenant and agree that, at the Closing, following the payment of the CSIL Debt by Purchaser, CSIL shall have a positive net worth, i.e. CSIL's current assets shall equal or exceed its current liabilities and the current liabilities of the Business at the Coral Springs Facility.
Positive Net Worth. Each of the Borrower and the Subsidiary Guarantors shall maintain at all times a positive net worth of at least one dollar.
Positive Net Worth maintain a positive Net Worth;
Positive Net Worth. On the Effective Date the assets of the Company and the Subsidiaries will equal or exceed the sum of the liabilities of the Company and the Subsidiaries plus the amount of any other liabilities to which the assets of the Company and the Subsidiaries are subject.
